Financials NEXON Co., Ltd. OTC Markets

Equities

NEXOY

US65340H1041

Internet Services

Market Closed - OTC Markets 01:20:03 18/07/2024 am IST 5-day change 1st Jan Change
21.74 USD +3.23% Intraday chart for NEXON Co., Ltd. +6.26% +19.85%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,87,257 28,19,386 19,94,121 25,58,406 21,87,677 28,36,458 - -
Enterprise Value (EV) 1 10,46,480 22,82,934 14,45,380 19,86,794 17,16,105 21,40,995 20,34,316 19,17,680
P/E ratio 11.2 x 50 x 17.3 x 25.8 x 31 x 23.6 x 21.9 x 20.2 x
Yield 0.17% 0.16% 0.34% 0.34% 0.39% 0.4% 0.4% 0.42%
Capitalization / Revenue 5.18 x 9.62 x 7.27 x 7.23 x 5.17 x 6.01 x 5.55 x 5.46 x
EV / Revenue 4.21 x 7.79 x 5.27 x 5.62 x 4.05 x 4.54 x 3.98 x 3.69 x
EV / EBITDA 10.2 x 19 x 14.5 x 18 x 12 x 14.1 x 11.9 x 10.8 x
EV / FCF 10.2 x 18 x 13.9 x 17.4 x 13.7 x 18.9 x 15.1 x 13.1 x
FCF Yield 9.83% 5.57% 7.22% 5.74% 7.3% 5.3% 6.61% 7.66%
Price to Book 2.06 x 3.97 x 2.37 x 2.97 x 2.41 x 2.86 x 2.56 x 2.31 x
Nbr of stocks (in thousands) 8,87,763 8,86,599 8,96,637 8,63,743 8,51,402 8,32,050 - -
Reference price 2 1,450 3,180 2,224 2,962 2,570 3,409 3,409 3,409
Announcement Date 13/02/20 09/02/21 08/02/22 09/02/23 08/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,48,542 2,93,024 2,74,462 3,53,714 4,23,356 4,71,586 5,10,681 5,19,026
EBITDA 1 1,02,219 1,20,024 1,00,009 1,10,463 1,43,343 1,52,360 1,71,672 1,78,314
EBIT 1 94,525 1,11,450 91,541 1,03,696 1,34,745 1,40,903 1,57,760 1,62,524
Operating Margin 38.03% 38.03% 33.35% 29.32% 31.83% 29.88% 30.89% 31.31%
Earnings before Tax (EBT) 1 1,21,968 1,08,171 1,35,472 1,40,525 1,25,929 1,72,314 1,90,070 1,92,982
Net income 1 1,15,664 56,220 1,14,888 1,00,339 70,609 1,18,214 1,28,908 1,31,257
Net margin 46.54% 19.19% 41.86% 28.37% 16.68% 25.07% 25.24% 25.29%
EPS 2 129.3 63.57 128.9 114.7 82.89 144.8 155.4 169.0
Free Cash Flow 1 1,02,913 1,27,083 1,04,329 1,14,016 1,25,305 1,13,403 1,34,485 1,46,908
FCF margin 41.41% 43.37% 38.01% 32.23% 29.6% 24.05% 26.33% 28.3%
FCF Conversion (EBITDA) 100.68% 105.88% 104.32% 103.22% 87.42% 74.43% 78.34% 82.39%
FCF Conversion (Net income) 88.98% 226.05% 90.81% 113.63% 177.46% 95.93% 104.33% 111.92%
Dividend per Share 2 2.500 5.000 7.500 10.00 10.00 13.52 13.53 14.17
Announcement Date 13/02/20 09/02/21 08/02/22 09/02/23 08/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,47,228 1,44,322 54,250 91,034 84,122 1,75,156 97,463 81,095 1,24,087 94,436 2,18,523 1,20,256 84,577 1,08,418 1,09,755 2,15,300 1,40,453 1,08,474 1,41,440 1,18,761
EBITDA 1 - - - 40,299 24,335 - 33,246 12,583 - 30,158 - 48,272 6,125 - 28,200 - 60,700 21,500 - -
EBIT 1 68,254 58,730 2,976 38,520 22,684 61,204 31,524 10,968 56,275 27,614 83,889 46,310 3,797 29,146 32,447 56,100 53,238 22,611 55,940 32,361
Operating Margin 46.36% 40.69% 5.49% 42.31% 26.97% 34.94% 32.34% 13.52% 45.35% 29.24% 38.39% 38.51% 4.49% 26.88% 29.56% 26.06% 37.9% 20.84% 39.55% 27.25%
Earnings before Tax (EBT) 1 86,667 77,470 9,644 57,201 41,698 98,899 57,966 -16,340 71,903 42,827 1,14,730 52,859 -41,660 54,239 35,459 88,800 58,114 24,883 - -
Net income 1 69,674 54,991 21,995 40,261 24,707 64,968 43,303 -7,932 52,791 24,538 77,329 35,167 -41,870 35,918 28,604 60,200 45,681 17,308 - -
Net margin 47.32% 38.1% 40.54% 44.23% 29.37% 37.09% 44.43% -9.78% 42.54% 25.98% 35.39% 29.24% -49.51% 33.13% 26.06% 27.96% 32.52% 15.96% - -
EPS 2 78.91 61.90 24.55 45.35 28.19 73.54 49.79 -8.590 61.63 28.86 90.49 41.28 -48.88 42.77 39.48 - 63.83 22.53 - -
Dividend per Share 2 2.500 2.500 5.000 - 5.000 5.000 - 5.000 - 5.000 5.000 - 5.000 - 5.000 - - 5.000 - 5.000
Announcement Date 06/08/20 11/08/21 08/02/22 12/05/22 09/08/22 09/08/22 09/11/22 09/02/23 11/05/23 09/08/23 09/08/23 09/11/23 08/02/24 14/05/24 - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 2,40,777 5,36,452 5,48,741 5,71,612 4,71,572 6,95,463 8,02,142 9,18,778
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,02,913 1,27,083 1,04,329 1,14,016 1,25,305 1,13,403 1,34,485 1,46,908
ROE (net income / shareholders' equity) 19.7% 8.5% 14.9% 11.8% 8% 12.8% 12.5% 12%
ROA (Net income/ Total Assets) 17.8% 13.7% 14.7% 13.8% 11.8% 10.9% 10.7% 10.2%
Assets 1 6,49,162 4,10,913 7,83,941 7,24,555 6,00,221 10,85,321 12,09,329 12,83,928
Book Value Per Share 2 703.0 800.0 939.0 997.0 1,065 1,193 1,329 1,477
Cash Flow per Share 2 138.0 73.30 138.0 122.0 93.00 132.0 149.0 159.0
Capex 1 2,160 10,520 5,185 16,128 5,713 3,240 3,273 3,848
Capex / Sales 0.87% 3.59% 1.89% 4.56% 1.35% 0.69% 0.64% 0.74%
Announcement Date 13/02/20 09/02/21 08/02/22 09/02/23 08/02/24 - - -
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
3,409 JPY
Average target price
3,582 JPY
Spread / Average Target
+5.09%
Consensus